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Dec 3, 2012
12/12
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jeff, moments ago, actually, erskine bowles, they named this the erskine bowles counter offer said in an interview this is kabuki theater. if both sides got an agreement the way that washington is too quickly, their own side would kill them because they wouldn't think they had negotiated hard enough. they have to go through the exchange. we are in the early stages of the dance to take us a little while. >> there is some truth to that. there is posturing on both sides of this. the white house and speaker bane side. there are 29 days left. business world looking for signal from washington, not much time at all. but in washington that is all the time in the world. this comes down to something on the cusp of christmas, christmas eve or new year's eve. there is a risk for both sides off the cliff. some say the burden is on the republicans that come to the deal. but big part of what the president second term is like. what he can do on a variety of other things is shaped by what happens here. there is a significant risk and students for both sides. >> to that point. there are republicans who
jeff, moments ago, actually, erskine bowles, they named this the erskine bowles counter offer said in an interview this is kabuki theater. if both sides got an agreement the way that washington is too quickly, their own side would kill them because they wouldn't think they had negotiated hard enough. they have to go through the exchange. we are in the early stages of the dance to take us a little while. >> there is some truth to that. there is posturing on both sides of this. the white...
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erskine bowles is a sixty seven year old democrat from north carolina and these days he's often out and about touring the country with his sidekick eighty one year old republican alan simpson the odd couple chaired the so-called super committee back in two thousand and ten which president obama created to find a balance between republican and democratic plans to solve the debt crisis now that committee ended up as a less than super it ultimately didn't even approve its own report about simpson and bowles are keeping their plan alive or at least trying to by selling it as the last best hope for an ailing economy. now the first thing you need to know is that it is fair to ask whether this is truly a great compromise since the planet rests on the assumption that the bush tax cuts for those making more than two hundred fifty thousand dollars a year will end even though simpson bowles plan takes that as a given current republican legislators are less willing to immediately let that exploration take place in fact that happens to be issue number one for republicans who see letting the cuts exp
erskine bowles is a sixty seven year old democrat from north carolina and these days he's often out and about touring the country with his sidekick eighty one year old republican alan simpson the odd couple chaired the so-called super committee back in two thousand and ten which president obama created to find a balance between republican and democratic plans to solve the debt crisis now that committee ended up as a less than super it ultimately didn't even approve its own report about simpson...
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Dec 4, 2012
12/12
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bowls. boehner said this was based on a report that bowles laid out. bawls said no. he said the approach laid out does not represent the simpson-bowles plan or the bowles plan. in fact what bowles is is that the speech that boehner based his proposal on was something that bowles had laid out in the middle of the negotiations last year as the mid-point between two sides but bowles is saying today that the mid-point has changed, a lot has changed since last year and it's up to the negotiators to figure out where that mid-point is and where and if they can get a deal, larry. >> we'll leave erskine bowles to his own devices. this is not perfect. i'm not writing it. it's not perfect. here's boehner literally bending over backwards, rising above partisanship and the white house just slaps him down. slaps him down. don't they know how bad they are starting to look? only on the basis that boehner didn't raise tax rates on the rich but does have a tax concession on deductions. this is getting pretty
bowls. boehner said this was based on a report that bowles laid out. bawls said no. he said the approach laid out does not represent the simpson-bowles plan or the bowles plan. in fact what bowles is is that the speech that boehner based his proposal on was something that bowles had laid out in the middle of the negotiations last year as the mid-point between two sides but bowles is saying today that the mid-point has changed, a lot has changed since last year and it's up to the negotiators to...
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Dec 11, 2012
12/12
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erskine bowles said you were absolutely right. what happens if we settle on what washington thinks is a big win? let's call it $3 trillion. >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. you know, the real problem going forward is, you know, we are going over the cliff no matter what and depends on whether we go over like will e. coyote or road run we are a parachute. that's the road runner with a ra pa ra chute and there's more taxes to raise and entitlements to cut over the ensuing years. >> that's i guess the problem. i prefer to be roadrunner with a parachute. how can washington do the deal that prevent it is country from -- to give a sense of the outcomes, could be borrowing costs skyrocket. the costs are very serious in the long term. right? >> i think they are. it involves what's known as fiscal drag to economists. basically when you raise taxes and lower entitlements, lower federal
erskine bowles said you were absolutely right. what happens if we settle on what washington thinks is a big win? let's call it $3 trillion. >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. you know, the real problem going forward is, you know, we are going over the cliff no matter what and depends on whether we go over like will e. coyote or road...
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Dec 3, 2012
12/12
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roger altman, former treasury official, larry fink, be erskine bowles. this what is alan simpson, erskine bowles' partner in the deficit commission, had to say about that possibility last week on the show. >> he said he would be very pleased to do that. he shared that with me personally, as long as they move the treasury department to north carolina, to charlotte. i don't think -- >> he's worked so hard on this. you don't think he could be persuaded? >> never. because he wouldn't want to serve in a dysfunctional government. >> and no argument that it is dysfunctional. one of the key players here who is leaving government was mentioning -- i was asking, why is jack lew so disliked, let's say, by the republicans with whom he negotiates? and the answer that i was given was that he knows the budget. he knows the baseline and the baseline is really what mandates how much in cuts really will be cut and that he ran circles around the house negotiators last summer durings the super committee because he knew what he was talking about. which, you know, arguably th
roger altman, former treasury official, larry fink, be erskine bowles. this what is alan simpson, erskine bowles' partner in the deficit commission, had to say about that possibility last week on the show. >> he said he would be very pleased to do that. he shared that with me personally, as long as they move the treasury department to north carolina, to charlotte. i don't think -- >> he's worked so hard on this. you don't think he could be persuaded? >> never. because he...
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Dec 4, 2012
12/12
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CSPAN
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he's trying to say that it is from the bowles proposal but erskine bowles came out yesterday and said flat out that the proposal the republicans put out does not mimic his. therefore, the republicans are lying again. republicans and the tea party people, they know that they are lying. it is just that simple. the president put out a proposal. ok. don't criticize the president for the proposal. show us a real proposal. do not ask us to trust you. host: reporting in "the new york times." republicans say their counteroffer is close to the numbers supported last year by erskine bowles. he said last week his numbers offered testimony to a special bipartisan congressional committee on a visit reduction were not so much a plan as a back of the envelopes addressed and to show a deal could be struck somewhere between mr. obama's position in the speaker during their talks last year. next caller, colorado, independent line. caller: i think's he's been as a great way for people to have their voices heard. i think it is time for the rich people to start being a little more patriotic and give back t
he's trying to say that it is from the bowles proposal but erskine bowles came out yesterday and said flat out that the proposal the republicans put out does not mimic his. therefore, the republicans are lying again. republicans and the tea party people, they know that they are lying. it is just that simple. the president put out a proposal. ok. don't criticize the president for the proposal. show us a real proposal. do not ask us to trust you. host: reporting in "the new york times."...
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Dec 9, 2012
12/12
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bob schieffer talks with alan simpson and erskine bowles, co-cahairs, and cory booker. they're all brought to you as a public service by the networks. they begin at noon with "meet the press." 1:00, abc's "this week." and 4:00, "face the nation" cbs. listen on 90.1 in the d.c. area and satellite channel 119. you can listen on your smartphone or go online to cspanradio.org. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 and they will say it is precedent. indiana had a voter i.d. -- >> the indiana case was constitutional for them to establish identification. they did not say that all of the states with subsequent -- >> right. they talked about indiana. you just to misrepresent what i said. the supreme court is the law of the land. >> when i hear these accusations that voter identification laws disproportionately affect minorities, it applies -- implies that we have something missing in our brain. white americans can get ids to vote and go through all the processes to follow the law, what are you telling black people? somehow they are not go
bob schieffer talks with alan simpson and erskine bowles, co-cahairs, and cory booker. they're all brought to you as a public service by the networks. they begin at noon with "meet the press." 1:00, abc's "this week." and 4:00, "face the nation" cbs. listen on 90.1 in the d.c. area and satellite channel 119. you can listen on your smartphone or go online to cspanradio.org. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 and they...
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Dec 11, 2012
12/12
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i recently spoke with erskine bowles, the bowles of simpson-bowles, and he agrees that he's right. >> absolutely. he's 1pen hearst right. i don't know if 16 is the number, but i would be happier at $5 trillion or $6 trillion because that's what we need to solve the number long term. >> those are big numbers. i want to bring in john avlon right now. this is what i find so incredible. we get so focused on is there going to be a deal, and the politics of a deal and going off the cliff and if the cliff is a slope that we're missing the bigger picture that we have a crisis that's bigger than anybody is talking about. >> that's what people like bowles-simpson and gross have been warning about. in the near term, that focus on $4 trillion, $2 trillion, look how hard it is to get to, but as you pointed out, it doesn't begin to solve the larger problem. we need to make serious kits and long term bending of the cost conserve in ways this congress can't even kaubt plate. >> john, thank you. let's bring in bill gross, the founder and co-ceo of pimco. great to see you. john boehner and the presiden
i recently spoke with erskine bowles, the bowles of simpson-bowles, and he agrees that he's right. >> absolutely. he's 1pen hearst right. i don't know if 16 is the number, but i would be happier at $5 trillion or $6 trillion because that's what we need to solve the number long term. >> those are big numbers. i want to bring in john avlon right now. this is what i find so incredible. we get so focused on is there going to be a deal, and the politics of a deal and going off the cliff...
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Dec 6, 2012
12/12
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but it's erskine bowles' plan, that's what it was. it was a serious good-faith attempt to reach out and deal with this crisis. i don't believe we need tax increases in it, but if we do we have to ask ourselves where are we going to apply them? what are we going to do with them that puts the country on a sound path for the future so our children are not having ever larger amounts of debt accruing every month, every year that goes by. so again, if the president's plan were accepted and the $1.6 trillion in new taxes were imposed, which i don't believe will happen, you would have virtually no reduction in the total debt accruing over ten years. maybe $9 trillion now, maybe $8.6 trillion. that does not change the debt course of america. that does not deal with the danger we have. the spending rate we're on is in the red zone. the tachometer spending needle is over in the red zone. mr. bowles told us at our budget committee hearing two years ago that we are facing the most predictable debt crisis in our country's history. he said you've go
but it's erskine bowles' plan, that's what it was. it was a serious good-faith attempt to reach out and deal with this crisis. i don't believe we need tax increases in it, but if we do we have to ask ourselves where are we going to apply them? what are we going to do with them that puts the country on a sound path for the future so our children are not having ever larger amounts of debt accruing every month, every year that goes by. so again, if the president's plan were accepted and the $1.6...
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Dec 13, 2012
12/12
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KQED
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. >> he and erskine bowles have been saying this for a couple years. so now this group, the can kicks back and the committee for the responsible budget and other groups are using twitter and social media as a way of reaching out, promoting their message and trying to engage younger people might not watch the public affairs shows. >> the thing that -- when we talked to them today they said their goal is to get a petition to congress and to the president and right after seeing the alan simpson video, they had 2,100 young folks signed up. but more importantly they have 310,000 signatures together, put together. >> ifill: you mentioned the committee for responsible federal budget. they also have been out there tweeting. one of the examples, we can see here, "charlie cook has called the fiscal cliff negotiations a roller coaster ride." an inside to roller coasters everywhere. is he right, though? >> well, this whole fiscal cliff melodrama is a bit artificial because congress created this deadline for itself and doesn't seem able to fix. but these groups hav
. >> he and erskine bowles have been saying this for a couple years. so now this group, the can kicks back and the committee for the responsible budget and other groups are using twitter and social media as a way of reaching out, promoting their message and trying to engage younger people might not watch the public affairs shows. >> the thing that -- when we talked to them today they said their goal is to get a petition to congress and to the president and right after seeing the...
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Dec 10, 2012
12/12
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it was very clear yesterday when erskine bowles, a democrat, and simpson were on "face the nation" q very clear where they're coming down on this. it is time to just put politics aside and fix it. here first, erskine bowles, the democrat. >> most important thing is if we're going to raise revenue and if we're going to raise it in any form, then we darn well better cut spending cause spending is the biggest part of this problem and the biggest part of our problem is the fact that the health care is growing at a faster rate than gdp. >> when you have responsibility leaders saying, like this, i think it would help the democrats more if we go over the cliff, and then responsible republicans saying, i think it would help the republicans if we go off the cliff, and the administration saying, i think it would help the president if we go off the cliff, and as erskine says so beautifully, you know what that's like? that's like betting your country. there is something terribly bizarre and juvenile about that. to think your party comes ahead of your country. >> brian: it's true. >> gretchen: i
it was very clear yesterday when erskine bowles, a democrat, and simpson were on "face the nation" q very clear where they're coming down on this. it is time to just put politics aside and fix it. here first, erskine bowles, the democrat. >> most important thing is if we're going to raise revenue and if we're going to raise it in any form, then we darn well better cut spending cause spending is the biggest part of this problem and the biggest part of our problem is the fact that...
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Dec 10, 2012
12/12
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first, i would like to commend erskine bowles and simpson further laserlike focus on this. you are engaging the american. you have drawn attention to the fiscal challenges that are threatening our future. many here today are proponents of the simpson-bowles plan. i have served with senator simpson and senator bowles. this report has helped advance the national level and has taken on increasing importance. it should be part of our debt reduction debate. i would like to start this morning by telling you what i am hearing from home in montana. i am just a hired hand. i work for those folks in montana. there is a rivalry we call the brawl of the wild. that is what it is. i think that is what we should call the united states congress. thousands of fans walked into the stadium to watch the game. during the game, mostly during the halftime, fans came up to me and said, hi. good to see you. we started talking about football, but it always turn to washington. not once did he say, don't do this. don't cut my favorite program. not once did i receive a request. my montana bosses told m
first, i would like to commend erskine bowles and simpson further laserlike focus on this. you are engaging the american. you have drawn attention to the fiscal challenges that are threatening our future. many here today are proponents of the simpson-bowles plan. i have served with senator simpson and senator bowles. this report has helped advance the national level and has taken on increasing importance. it should be part of our debt reduction debate. i would like to start this morning by...
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Dec 10, 2012
12/12
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first we show you, from yesterday's "face the nation," erskine bowles, who had this to say about spending. [video clip] >> if we are going to raise revenue in any form, we had better cut spending. that is the biggest part of the problem. the biggest part of that problem is the fact that health care is growing at a faster rate than gdp. host: there it is, he says that it has got to be on the table for both sides to reach some kind of deal. this is yesterday's "the washington post." the right that the fresh tax revenue generated by raising taxes on the wealthy as obama wants -- "additional savings set to hit in 2013, the sequester host: so, dayton, ohio, dolores, you are the first. what are you willing to sacrifice? caller: i think that they are going about it wrong. put everything on the table. i think that entitlements should be the last thing that they attack. those of the things about the budget, to meet, i am not saying that we do not need it, of course we do, but they need to be looked at. if we do not look at it and we get things like rock star generals with biographers, that sort of
first we show you, from yesterday's "face the nation," erskine bowles, who had this to say about spending. [video clip] >> if we are going to raise revenue in any form, we had better cut spending. that is the biggest part of the problem. the biggest part of that problem is the fact that health care is growing at a faster rate than gdp. host: there it is, he says that it has got to be on the table for both sides to reach some kind of deal. this is yesterday's "the washington...
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Dec 3, 2012
12/12
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CNNW
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bowles. he gave testimony in november of 2011, last year, which effectively outlined what republicans put forward. it was politically a very interesting decision for them to do this. it was in the words of one republican staffer something that all sides, quote, unquote, detest. so clearly they are saying that they believe everybody's going to have to give concessions. going back to where we started, that fundamental divide over those tax rates, that is still very, very wide. >> two sensitive issues in the original white house proposal, they wanted to raise the debt ceiling right now. what does this gop proposal say about that? >> reporter: not that chance. that was one of those conditions that didn't pass the laugh test. the republicans absolutely want that to remain in congress' court. they don't want the president to have that kind of authority. >> what about the $50 billion the white house wants in additional stimulus spending? >> reporter: no new spending. >> the sides very far apart righ
bowles. he gave testimony in november of 2011, last year, which effectively outlined what republicans put forward. it was politically a very interesting decision for them to do this. it was in the words of one republican staffer something that all sides, quote, unquote, detest. so clearly they are saying that they believe everybody's going to have to give concessions. going back to where we started, that fundamental divide over those tax rates, that is still very, very wide. >> two...
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Dec 4, 2012
12/12
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republicans have sought to cover by invok invoking erskine bowle' name. he has disavowed their plan. we're glad to see the republicans join in the negotiating process. while their proposal may be serious, it's also a nonstarter. they know any agreement that raises taxes on the middle class in order to protect more unnecessary giveaways to the top 2% is doomed from the start. it won't pass. democrats won't agree to it. president obama wouldn't sign such a bill. a understanand the american peot support it. that's in all the polls in the press this morning. the american people are tired of budget-busting giveway is to ths to the wealthiest 2%. the american people want a balanced deal. it must be higher taxes on the richest of the rich. republicans would be wise to keep that in mind as negotiations move forward. we're willing to compromise but we also will not consign the middle class to higher tax bills twill millionaires and billionaires avoid all pain. i've been told that the leader of the democrats in the house will file today a discharge petition asking
republicans have sought to cover by invok invoking erskine bowle' name. he has disavowed their plan. we're glad to see the republicans join in the negotiating process. while their proposal may be serious, it's also a nonstarter. they know any agreement that raises taxes on the middle class in order to protect more unnecessary giveaways to the top 2% is doomed from the start. it won't pass. democrats won't agree to it. president obama wouldn't sign such a bill. a understanand the american peot...
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Dec 5, 2012
12/12
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first, i would like to commend erskine bowles and simpson further laserlike focus on this . you are engaging the american. you have drawn attention to the fiscal challenges that are threatening our future. many here today are proponents of the simpson-bowles plan. i certainly senator simpson and bowls -- i have served with senator simpson and senator bowles. this report has helped advance the national level and has taken on increasing importance. it should be part of our debt reduction debate. i would like to start this morning by telling you what i am hearing from home in montana. i am just a hired hand. i work or those folks in montana. -- are those folks in montana. there is a robbery -- rivalry we call the broaawl of the wild. that is what it is. i think that is what we should call the united states congress. thousands of fans walked into the stadium to watch the game. during the game, mostly during the halftime, fans came up to me and said, hi. good to see you. started talking about foot out. -- we started talking about football, but it always turn to washington. not on
first, i would like to commend erskine bowles and simpson further laserlike focus on this . you are engaging the american. you have drawn attention to the fiscal challenges that are threatening our future. many here today are proponents of the simpson-bowles plan. i certainly senator simpson and bowls -- i have served with senator simpson and senator bowles. this report has helped advance the national level and has taken on increasing importance. it should be part of our debt reduction debate....